After investing to strengthen its risk management practices, the Pennsylvania bank now seeks to jump on the favorable ...

The deal bolsters the bank’s commercial payments business, which processed $17 trillion last year.

Mortgage fraud allegations against another Fed governor, Lisa Cook, returned the focus to the Trump team’s push to re-mold the central bank.

Matthew Mullet, who was named president of the bank in July 2024, will succeed Joseph Adams as CEO of the bank in September.